AL COMMUNITY DEVELOPMENT CORPORATION (EIN 811544330) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

Dechard Freeman

Phone

5122514673

Tax Period

2024-01-01 to 2024-12-31

AL COMMUNITY DEVELOPMENT CORPORATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $310K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $577K exceeded revenue, resulting in a 86% operating deficit.

Mission

A faith-based structure to improve the quality of life for families and others in the local community to achieve five core results: educate children and youth, encourage holistic healthy lifestyles, promote healthy marriages, provide resources for the homeless and unemployed, and promote positive life changes through spiritual growth.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $141,309

Program Service Revenue $169,009

Investment Income $0

Other Revenue $0

TOTAL REVENUE $310,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $343,030

Fundraising Expenses $0

Program Expenses $575,604

Other Expenses $234,379

TOTAL EXPENSES $577,409

Year-over-Year Comparison

	2024	2023	Change
Revenue	$310,318	$637,195	-0.5%
Expenses	$577,409	$561,583	+0.0%
Net Income	$-267,091	$75,612	-4.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$40,922

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ciera Wilson	Secretary	20	Director	$40,922	$0	$40,922
DeChard Freeman	Board Chairman	20	Director	$0	$0	$0
John Hall	Vice Chair	20	Director	$0	$0	$0
Mark McKnight	Member	20	Director	$0	$0	$0
Rachel Mitchell	Member	20	Director	$0	$0	$0
Vonda Williams	Member	20	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$310,318	$577,409	$183,191	$-267,091
2023	$637,195	$561,583	$450,282	$75,612
2022	$644,016	$481,876	$374,670	$162,140
2021	$399,395	$238,538	$160,857	$160,857

AL COMMUNITY DEVELOPMENT CORPORATION